Image

Archive for afford to adopt

How to Fundraise and Save So That You Can Afford Adoption

Young couple saving up so they can afford adoptionTrying to afford adoption is a common worry among hopeful parents. There’s the home study fee, adoption professional’s fees, travel costs, and legal fees. And sometimes birth mother expenses. So what can you do?

Today, we’re giving you 5 useful and practical tips that you can start following today, to get you closer to your adoption!

1. Make responsible financial decisions

If you’re thinking about taking out a second mortgage or borrowing from your retirement fund, keep your adoption goals in mind. Speak with a financial planner or a relative or friend who’s financially savvy. If you make irresponsible financial decisions now, it’ll have a negative impact on your finances in the future.

2. Start cutting back

Before you ask other people to donate towards your adoption, start cutting back on the extras. Your “extras” might be daily trips to Starbucks, cable TV, dining out, or memberships that you don’t use often. Take some time to decide what’s actually essential. Then, you can use the money you were spending on those things to save up for your adoption.

3. Sell unneeded items

Start a collection of the stuff you don’t need or don’t use. Selling some of it might make you money! We’re thinking bigger items or a vintage collection of something. By selling these things, you’ll get more space for all the baby stuff, and you’ll make money so that you can afford adoption!

4. Consider taking a second job

Start working another job on the weekends or evenings, sell products on Etsy, or offer a service such as tutoring. But be wary of “pyramid schemes” which mean a lot of work for little payoff. If you do choose direct sales, check out the company’s reputation and ensure that it doesn’t require a lot of up-front investment from you.

5. Fundraise

Adoption fundraising can be very effective. To get ideas for your adoption fundraiser, check out Facebook groups or do a Google search. Some options are selling t-shirts, puzzle fundraisers, auctions, dinners, or yard sales. Connect with others who held successful adoption fundraisers in the Facebook groups, and copy what they did.

How to Afford Adoption with a LightStream Adoption Loan

You CAN afford adoption with a LightStream adoption loan!All lending services are provided by LightStream, a division of SunTrust Bank, and we may be compensated by LightStream through links on this site.

At the Lifetime adoption agency in Florida, we don’t want a lack of finances to stand in the way of you being able to adopt. The cost to adopt can be an obstacle for many people. Fortunately, there is a unique adoption loan available to help families pay the fees connected to adopting.

A LightStream adoption loan makes it possible for you to expand or begin your family through adoption. You don’t need to be working with our adoption agency in Florida to apply for LightStream’s loan. Any hopeful adoptive family can take advantage of this financial assistance.

You’re able to use LightStream’s loan to pay for anything relating to your adoption process. For example, you might use it to pay adoption professionals, for adoption travel, to cover the costs to print adoption profiles, or even furnishing your future baby’s nursery.

LightStream’s loan creates an affordable answer for those hoping to adopt. Here’s some info about LightStream’s Adoption Loan:

  • Loan amounts begin at $5,000
  • You’re able to get a loan for up to $100,000
  • Low fixed rates
  • This is an unsecured loan (meaning, you don’t need to put up your house or another valuable asset as collateral)
  • The loan process is simple and completely online, from your application to funding
  • Flexible terms
  • No late fees
  • No loan origination fee
  • If you pay off your loan early, LightStream will not charge you any additional fees

Visit LightStream.com/Lifetime-Adoption to apply for a LightStream Adoption Loan.

So that you get a low-interest rate, LightStream has a “rate beat” program. They will beat an interest rate (APR) from any other lender by .10 percentage points. The other lender’s rate needs to meet the terms and conditions as described here. Wondering about their “rate beat” program and what makes LightStream different from other lenders? Check out this short video.

Here what others have said about LightStream’s Adoption Loan:

“They have an unbelievable interest rate! We applied and were approved within 24 hours.”

“We got approved for our adoption loan with LightStream today, and the funds should be in our account by tomorrow!”

“The loan we received through LightStream was fantastic. Best experience I’ve ever had. Fast, quick, easy. I couldn’t say enough or tell enough people about it. I was amazed how simple it was.”

To get more information and apply, visit LightStream.com.